What is the effect of transaction when cash is paid into ...
What is the effect of transaction when cash is paid into the bank?
Bank balance decrease and cash balance increase
Bank balance decrease and cash balance decrease
Cash balance increase and bank balance increase
Cash balance decrease and bank balance increase
Correct answer is D
Cash balance decrease and bank balance increase: The cash as leaving the cash till and will be deposited into the bank
Which of the following is not a debit item in a partnership appropriation account? ...
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of Raw Materials} & 5,800 \\ \text{Cl...
Discount received is shown in the ...
An effective accounting system should provide information ...
One of the items listed below will not be found in a company’s memorandum and article of assoc...
A sale of goods to audu was not posted. This is an error of ...